Globus Maritime: Q1 Earnings Insights

Globus Maritime (NASDAQ:GLBS) reported its Q1 earnings results on Friday, June 2, 2023 at 04:05 PM. Here’s what…

Globus Maritime (NASDAQ:GLBS) reported its Q1 earnings results on Friday, June 2, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Globus Maritime beat estimated earnings by 35.71%, reporting an EPS of $-0.09 versus an estimate of $-0.14.

Revenue was down $9.86 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 0.92% increase in the share price the next day.

Here’s a look at Globus Maritime’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.04 0.21 0.47 0.33
EPS Actual -0.15 0.21 0.54 0.59
Revenue Estimate 8.80M 13.00M 18.30M 16.40M
Revenue Actual 8.30M 15.87M 19.14M 18.44M

To track all earnings releases for Globus Maritime visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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